Chevron Working to Restart Units at El Segundo Refinery After Fire
People stand near the Chevron refinery, where a large fire broke out, as firefighters work to contain the fire, in El Segundo, California, U.S., October 3, 2025. REUTERS/Daniel Cole (Reuters)…
Solar Groups Sue Trump Administration Over Cancellation of $7 Bln in Grants
Oct 6 (Reuters) – A group of labor unions, nonprofits and solar companies sued the Trump administration on Monday over its cancellation of a $7 billion Biden-era grant program that…
Oil Steady After Smaller-Than-Expected OPEC+ Output Hike
Summary Brent, WTI steady after settling 1% higher previously OPEC+ to hike November output by 137,000 bpd, less-than-expected Oversupply outlook weighs slightly on prices (Reuters) – Oil prices were steady…
Oil Price Fall Turns Up the Heat on Big Oil’s Bloated Payouts
A combination of file photos shows the logos of five of the largest publicly traded oil companies; BP, Chevron, ExxonMobil, Shell and TotalEnergies. REUTERS A combination of file photos shows…
IEA Trims Renewables Outlook as US Policy Shifts and China Auction Reforms Weigh
The International Energy Agency on Tuesday cut its global forecast for renewable power growth by 2030 by 248 gigawatts from last year’s outlook, citing weaker prospects in the United States…
Exxon Expects Up To $300 Million Boost to Q3 Upstream Earnings From Oil Prices
(Reuters) – Exxon Mobil said on Monday changes in crude oil prices over the third quarter could impact the company’s upstream earnings from negative $100 million to as much as…
Chart Industries Backs Sale to Baker Hughes for $13.6 Billion
Oct 6 (Reuters) – Chart Industries (GTLS.N) said on Monday that its shareholders voted to approve the company’s acquisition by Baker Hughes (BKR.O). In July, Baker Hughes said it would…
European Union’s US Gas Use Set to Soar, Increasing Price Volatility
Summary LNG now covers half of EU gas needs EU dependency on US LNG set to rise further LNG prices more volatile than pipeline gas EU gas storage levels drop…
Chevron to Make Adjustments to Los Angeles Refinery Following Large Fire
(Reuters) – Chevron said on Saturday that it will be making operational adjustments to its 285,000 barrel-per-day El Segundo refinery to meet Southern California’s fuel demands after a large fire erupted…
Oil Rises After OPEC+ Hikes Output Less Than Expected
Summary OPEC+ November supply hike stable from October at 137,000 bpd Refinery maintenance to limit oil demand in Q4, analysts say Weak demand outlooks in Q4 to also cap near-term…
